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Tag: mining

Paraguay’s Bitcoin Mining Ban Risk: $200M Annual Loss
mining

Paraguay’s Bitcoin Mining Ban Risk: $200M Annual Loss

Edie BrasherApril 8, 2024April 8, 2024

The Paraguayan economy could suffer significant losses if a bill to ban cryptocurrency mining is passed by lawmakers. The draft…

Bitcoin Mining Upgrade to Offset Halving Effects for Bhutan’s DHI
bitcoinmining

Bitcoin Mining Upgrade to Offset Halving Effects for Bhutan’s DHI

Jean-pierre SlocumbApril 5, 2024April 5, 2024

The sovereign investment arm of Bhutan, known as Druk Holding and Investments (DHI), along with its Bitcoin mining partner Bitdeer…

Gryphon’s Attempt to Block $10M Escalates Sphere 3D’s Legal Issues
bitcoinexchangemining

Gryphon’s Attempt to Block $10M Escalates Sphere 3D’s Legal Issues

Cristabel TovarMarch 30, 2024March 30, 2024

A new development has occurred in the ongoing legal battle between Bitcoin miners Sphere 3D and Gryphon Digital Mining. Gryphon…

BTC Selling Pressure: Lower ETF Demand and Unrealized Gains
btcmining

BTC Selling Pressure: Lower ETF Demand and Unrealized Gains

Arleen BalsamoMarch 26, 2024March 27, 2024

The upcoming halving event, coupled with a decrease in purchases of Bitcoin exchange-traded funds (ETFs) and a large number of…

Bitcoin Halving: A Litmus Test for Inefficient Ops
mining

Bitcoin Halving: A Litmus Test for Inefficient Ops

Edie BrasherMarch 21, 2024March 22, 2024

According to industry executives, the upcoming Bitcoin halving is expected to have a significant impact on small and inefficient miners,…

Cost of Building a Home Crypto Mining Rig
bitcoinmarketmining

Cost of Building a Home Crypto Mining Rig

Casey CraneMarch 18, 2024March 22, 2024

With Bitcoin reaching new all-time highs and a potential bull market on the horizon, some people may be considering mining…

Core Scientific’s $100M Deal with CoreWeave Expands Miners’ Cash Streams
btc

Core Scientific’s $100M Deal with CoreWeave Expands Miners’ Cash Streams

Jan BlattMarch 7, 2024March 8, 2024

Bitcoin miner Core Scientific is taking steps to diversify its revenue streams ahead of the upcoming halving event. The company…

Bitcoin Hits $1 Trillion Market Cap
bitcoinmarketmining

Bitcoin Hits $1 Trillion Market Cap

Ursula TraversoFebruary 14, 2024February 14, 2024

Bitcoin’s market price has actually gone beyond $1 trillion as its price climbed past $51,000. Currently, there are 19,627,443 BTC…

Comparing Dallas Mavericks’ Partnership to Heroin
cryptomining

Comparing Dallas Mavericks’ Partnership to Heroin

Powell SchumacherFebruary 9, 2024February 9, 2024

John Splint Stark, a past internet enforcement chief for the United States Stocks and also Substitution Percentage (SEC), has actually…

Hut 8 CEO Resigns Amid Short Seller Allegations
bitcoinbusinessmining

Hut 8 CEO Resigns Amid Short Seller Allegations

Thomas PittFebruary 8, 2024February 8, 2024

Hut 8, a Bitcoin mining agency, has actually declared a change in management after encountering claims of “pump-and-dump” practices. The…

Bitcoin Minetrix ICO Secures $9M for Innovative Mining Approach
bitcoinmining

Bitcoin Minetrix ICO Secures $9M for Innovative Mining Approach

Homer IslasJanuary 22, 2024January 22, 2024

The recent Initial Coin Offering (ICO) of Bitcoin Minetrix (BTCMTX) has taken the cryptocurrency world by storm, successfully securing $9…

Virginia Bill to Safeguard Crypto Mining Rights
cryptomining

Virginia Bill to Safeguard Crypto Mining Rights

Laird LaskowskiJanuary 21, 2024January 22, 2024

In the United States, the state of Virginia has recently introduced a groundbreaking bill aimed at securing the rights of…

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